Tax Exemption Granted to Philippine Federation of Christian Churches

November 25, 1958 BIR RULING NO. 677-58 The Governor Central Bank of the Philippines Manila Attention : No-Dollar Import Office S i r : The Philippine Federation of Christian Churches, 1648 Taft Ave., Manila, has written to this Office stating that "In connection with our pending application with the No-Dollar Import Office concerning the importation of some gifts to the organization, we have been requested for either a tax clearance certificate, or a letter of authority from the Bureau of Internal Revenue stating that we are exempt from income tax, privilege tax, etc." In view thereof, I have the honor to inform you that, pursuant to existing internal revenue laws and regulations, as a religious corporation, the Philippine Federation of Christian Churches is exempt from the income tax. Neither is it subject to any privilege tax on business. aisadc Very truly yours, (SGD.) MELECIO R. DOMINGO Acting Commissioner of Internal Revenue